Allegion plc

(New York Stock Exchange)
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Somewhat Bullish +30

Allegion plc stock holds near its yearly high as Evercore keeps $180 target

AI-generated analysis

πŸ“ˆ Allegion plc traded at USD 151.36 on September 22, 2026, trading about 17 percent below its 52-week high of USD 183.11.

🎯 Evercore ISI retained an Outperform rating and a USD 180 price target for Allegion, suggesting significant upside potential from current levels.

πŸ“Š The stock carries a market capitalization of USD 12.89 billion with a daily trading volume of 1.51 million shares as of late September 2026.

πŸ’° Valuation metrics indicate a trailing P/E ratio of 19.90 and a trailing twelve-month EPS of USD 7.62 for the building products company.

πŸ€” Analyst consensus is divided, with MarketBeat reporting a Hold rating and a USD 160 consensus price target based on nine ratings.

πŸ“‰ Allegion's current share price sits approximately USD 8.64 below the consensus target but remains well above its 52-week low of USD 125.00.

Bullish Signals
  • Evercore ISI retained an Outperform rating and a USD 180 price target for Allegion, indicating strong institutional confidence in the company's long-term prospects.
  • The stock is trading at USD 151.36, which represents a substantial discount to the high-end analyst target of USD 180 while remaining above its yearly low.
Risk Factors
  • The consensus price target of USD 160 from nine analysts suggests that not all market participants view the current valuation as fully attractive compared to Evercore's outlook.
  • Allegion stock is trading approximately 17 percent below its 52-week high, indicating some near-term weakness or lack of momentum relative to recent peaks.
Full Analysis
Allegion plc stock traded at USD 151.36 on the NYSE on September 22, 2026, positioning it approximately 17 percent below its 52-week high of USD 183.11 and roughly 29 percent above its 52-week low of USD 125.00. The company operates within the Industrials sector as a building products manufacturer, with a market capitalization reported at USD 12.89 billion based on data from late September 2026. Analyst sentiment remains mixed regarding the stock's immediate valuation. Evercore ISI retained its bullish stance, reiterating an Outperform rating and maintaining a price target of USD 180, which sits USD 28.64 above the current market quotation. Conversely, broader consensus data from MarketBeat indicates a Hold rating based on nine analyst opinions, with a consensus price target of USD 160. Valuation metrics for Allegion show a trailing P/E ratio of 19.90 and a trailing twelve-month earnings per share (EPS) of USD 7.62. The divergence between the high Evercore target and the lower consensus target highlights varying expectations among investors, with the current price offering an upside to the consensus target but remaining significantly below the analyst's highest projection.